China Travel Agency in Glaxo Probe Worked With Other Drugmakers

China Travel Agency in Glaxo Probe Worked With Other Drugmakers

Simon Dawson/Bloomberg

A GlaxoSmithKline Plc logo sits on glass windows at the company's headquarters in London. Glaxo’s executives “violated China’s laws and damaged markets by engaging in bribery to raise drug prices, expand sales and reap inappropriate profits,” the Public Security Ministry said in a statement posted on its website yesterday.